United StatesELEVATE Act of 2025
What it does
This bill provides statutory authority for certain requirements related to registration statements submitted to the Securities and Exchange Commission (SEC).
More detail
First, the bill allows under statute an emerging growth company to submit profit and loss statements from the previous two years, rather than the previous three years as is required of other reporting companies. In addition, the bill allows under statute any issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Latest
- Jun 23Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
- Jun 23Considered under suspension of the rules. (consideration: CR H2871-2872)
- Jun 23DEBATE - The House proceeded with forty minutes of debate on H.R. 3301.
- Jun 23Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2871)Passed House
- Jun 23Motion to reconsider laid on the table Agreed to without objection.
- Jun 3Reported (Amended) by the Committee on Financial Services. H. Rept. 119-121.
- Jun 3Placed on the Union Calendar, Calendar No. 91.
- May 20Committee Consideration and Mark-up Session Held
- May 20Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
- May 8Introduced in House
- May 8Referred to the House Committee on Financial Services.Introduced